Lgb Steel Private Limited

Manufacturer and trader of CRC steel coils and other commodities, with expanding capacity and global exports.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Lgb Steel Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 1.00 M
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.00 Cr
  • Satisfied Charges ₹ 445.01 Cr
  • Revenue Growth -33.36%
  • Profit Growth 48.11%
  • Ebitda -66.65%
  • Net Worth -17.72%
  • Total Assets -23.18%

About Lgb Steel

Lgb Steel Private Limited (LSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 December 2010 and has a history of 14 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metal & Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 70.00 Cr and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹445.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lgb Steel Private Limited India are Arvind Mishra as CEO and Deepak Sogani as Cfo. Nallamuthu Rengaraj, Palanisamy Prabakaran, Arvind Mishra, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28990MH2010PTC211581

  • Company No.

    211581

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2010

  • Date of AGM

    30 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metal & Minerals

What products or services does Lgb Steel Private Limited offer?

Lgb Steel Private Limited offers a wide range of products and services, including Steel and Stainless Steel Coils, Cold Rolled Coils.

Who are the key members and board of directors at Lgb Steel?

Executive Team (2)

NameDesignationAppointment DateStatus
Arvind Mishra Country flag representing In CEO17-Aug-2024Current
Deepak Sogani CFO06-Jun-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Nallamuthu Rengaraj Country flag representing In Director 09-Jan-2024Current
Palanisamy Prabakaran Country flag representing In Director 09-Jan-2024Current
Arvind Mishra Country flag representing In Whole-Time Director and Ceo 30-Jul-2024Current
Rajendran Kulasekaran Country flag representing In Director 09-Jan-2024Current

Financial Performance of Lgb Steel.

Rsal Steel Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 33.36% decrease. The company also saw a substantial improvement in profitability, with a 48.11% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.72%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-33.36%
Revenue from Operations
-33.42%
Total Assets
-23.18%
Profit or Loss
48.11%
Net Worth
-17.72%
EBITDA
-66.65%

What is the Ownership and Shareholding Structure of Lgb Steel?

In 2019, Lgb Steel had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 Cr

Satisfied Charges

₹445.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2024Others₹20.00 CrOpen
10 Jul 2014State Bank Of India₹24.29 CrSatisfied
10 Jul 2014State Bank Of India₹161.44 CrSatisfied
10 Jul 2014Allahabad Bank₹17.80 CrSatisfied
28 Mar 2012Dena Bank₹241.48 CrSatisfied

How Many Employees Work at Lgb Steel?

Lgb Steel has a workforce of 157 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lgb Steel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lgb Steel's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Lgb Steel

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101000665 was registered on 14 Oct 2024.

    14 Oct 2024

  • Director Appointment

    Arvind Mishra was appointed as a Ceo was appointed as a Ceo on 17 Aug 2024 & has been associated with this company since 5 months 15 days .

    17 Aug 2024

  • Annual General Meeting

    Lgb Steel Private Limited last Annual general meeting of members was held on 30 Jul 2024 as per latest MCA records.

    30 Jul 2024

  • Director Appointment

    Arvind Mishra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Jul 2024 & has been associated with this company since 6 months 3 days .

    30 Jul 2024

  • Director Appointment

    Deepak Sogani was appointed as a Cfo was appointed as a Cfo on 06 Jun 2024 & has been associated with this company since 7 months 26 days .

    06 Jun 2024

  • Balance Sheet

    Lgb Steel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Frequently asked questions

  • Lgb Steel Private Limited was incorporated on 29 Dec 2010.

  • The authorized share capital of Lgb Steel Private Limited is ₹ 70.00 Cr and paid-up capital is ₹ 1.00 M.

  • Currently 6 directors are associated with Lgb Steel Private Limited.

    • Nallamuthu Rengaraj
    • Palanisamy Prabakaran
    • Arvind Mishra
    • Rajendran Kulasekaran
    • Arvind Mishra
    • Deepak Sogani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lgb Steel Private Limited is 611, Tulsiani Chambers Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Lgb Steel Private Limited is U28990MH2010PTC211581 and the company number is 211581 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lgb Steel Private Limited is https://www.rsalsteel.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Lgb Steel Private Limited has fallen by -33.36%.

  • As Per 2019 financial reports, 157 employees are currently employed by Lgb Steel Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Lgb Steel Private Limited has experienced an downturn of -17.72%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Lgb Steel Private Limited amount to ₹ 20.00 Cr.

  • The most recent Balance Sheet for Lgb Steel Private Limited was filed with the ROC on 31 Mar 2024.

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